Global Telehandler Market is predicted to reach USD 9.66 Billion at a CAGR of 4.50% during the forecast period:

Pune, India, August 2023, MRFR Press Release/- Market Research Future has Published a Cooked Research Report on the Global Telehandler Market.

Market Research Future (MRFR) has published a cooked research report on the “Global Telehandler Market” that contains information from 2022 to 2032. The Global Telehandler Market is estimated to register a CAGR of 4.50% during the forecast period of 2022 to 2032.

MRFR recognizes the following companies as the key players in the Global Telehandler Market: Manitou, J C Bamford Excavators Ltd., Merlo S.p.A, and Bobcat Corporate.

Global Telehandler Market Highlights

The Global Telehandler Market is accounted to register a CAGR of 4.50% during the forecast period and is estimated to reach USD 9.66 Billion by 2032.

The telehandler market refers to the global industry involved in the manufacturing, distribution, and sales of telehandlers, also known as telescopic handlers or teleporters. Telehandlers are versatile construction machines with telescopic booms that can extend forward and upward. They are equipped with various attachments, such as forks, buckets, and lifting platforms, allowing them to perform a wide range of tasks, including lifting, loading, and material handling in construction, agriculture, industrial, and other applications. The primary driver of the telehandler market is the booming construction and infrastructure development sector. As urbanization continues to increase and construction projects expand worldwide, the demand for efficient and versatile material handling equipment like telehandlers rises. These machines offer enhanced productivity, safety, and maneuverability on construction sites, making them indispensable for handling heavy loads and materials at various heights.

Segment Analysis

The Global Telehandler Market has been segmented based on Capacity, and Application.

Based on Capacity, the market is segmented into Less than 3 tons, 3.1 to 4 tons, 4.1 to 5 tons. the less than 3-ton segment holds a substantial market share, primarily driven by its versatility and adaptability for a wide range of material handling tasks across diverse industries.

Based on Application, the Market has been segmented Construction, Agriculture, Mining. the construction segment takes the lead in the market due to telehandlers' exceptional agility, extended reach, and high lifting capacity. These adaptable machines are specifically designed to handle various construction tasks, including material handling, equipment movement, and working at different heights.

Regional Analysis

The Global Telehandler Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Telehandler Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Telehandler Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Telehandler Market comprises of Middle East, Africa, and Latin America.

The Asia-Pacific region is projected to lead the telehandler market, primarily driven by its substantial market share and the continuous growth of infrastructure development and construction projects in the region.

Europe's Telehandler market holds the second-largest market share, primarily attributed to the extensive utilization of farming equipment and advanced construction machinery in the region. Among the European countries, the German Telehandler market currently dominates with the largest market share, while the UK Telehandler market experiences the highest growth rate.

In contrast, the North American Telehandler market is projected to witness the fastest growth from 2023 to 2032. This growth is fueled by the increasing number of investors entering the power and utilities, agriculture, transport, and logistics sectors, leading to a heightened demand for telehandlers in these industries.

Key Findings of the Study

• The Global Telehandler Market is expected to reach USD 9.66 Billion by 2032, at a CAGR of 4.50% during the forecast period.


• The Indian Telehandler market has emerged as the fastest-growing market within the Asia-Pacific region, indicating a rapid expansion of Telehandler usage and demand in India.


• Based on Capacity, the Market has been segmented into Less than 3 tons holding the largest market in 2022.


• Manitou, J C Bamford Excavators Ltd., Merlo S.p.A, and Bobcat Corporate.

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